How Good Are You At Managing Trade Credit?

Take the opportunity to review your procedures now.

The Better Payment Practice Group in partnership with BPPG sponsor, EULER Trade Indemnity, are urging smaller businesses to review their credit management procedures, in order that they address their late payment problems from within.

EULER Trade Indemnity is offering a free credit management questionnaire, the Better Payment Practice Health-Check, to enable smaller businesses to perform a quick review of their credit management procedures.

The questionnaire takes 10 to 15 minutes to complete. It covers the entire credit management process, from credit checking when an order is placed, through to collection and recovery. It quickly identifies problem areas to enable businesses to take further action.

Ralph Snedden, Deputy Chief Executive at EULER Trade Indemnity says:

"Time is at a premium for owner managers which may leave credit management low down on the list of priorities. Our research shows that smaller businesses are the worst hit by late payment and insolvencies in more difficult trading conditions. Good credit management procedures literally pay. We urge all smaller companies to review their procedures now."

A free copy of the questionnaire is available by telephoning EULER Trade Indemnity on 020 7860 2613 or Click Here to download it from this web site.